Recent changes in climate, disturbance regimes and land use and management systems in Northern Eurasia have the potential to disrupt the terrestrial sink of atmospheric CO2 in a way that accelerates global climate change. To determine the recent trends in the carbon balance of the arctic and boreal ecosystems of this region, we performed a retrospective analysis of terrestrial carbon dynamics across northern Eurasia over a recent 10-year period using a terrestrial biogeochemical process model. The results of the simulations suggest a shift in direction of the net flux from the terrestrial sink of earlier decades to a net source on the order of 45 Tg C year−1between 1997 and 2006. The simulation framework and subsequent analyses presented in this study attribute this shift to a large loss of carbon from boreal forest ecosystems, which experienced a trend of decreasing precipitation and a large area burned during this time period.